BEAT is your prototypical aggressive growth stock- Strong future growth potential with good earning and revenue track record ... If you can overlook its debt level.
This beast was tamed for a while after its share price skyrocketed from $25 to almost $80 , but it is ready to unleash its fury again.
But first, I think the pullback is in the store facing key resistance lvl in confluence with ichi and BB on the weekly timeframe.
In addition, short % of float is around 10%.
However, it is a bullish sign when price hovers below the key resistance lvl rather than experiencing outright price rejection.
My buy zone is between $45 to $55 for the positional trade. The long term trendline and S/R flip below this price range will act as a strong support.
Click the like button and follow me if you like my analysis :D
This beast was tamed for a while after its share price skyrocketed from $25 to almost $80 , but it is ready to unleash its fury again.
But first, I think the pullback is in the store facing key resistance lvl in confluence with ichi and BB on the weekly timeframe.
In addition, short % of float is around 10%.
However, it is a bullish sign when price hovers below the key resistance lvl rather than experiencing outright price rejection.
My buy zone is between $45 to $55 for the positional trade. The long term trendline and S/R flip below this price range will act as a strong support.
Click the like button and follow me if you like my analysis :D
Anmerkung
Rejected at the resistance lvl. Double top. Important daily POC at $47. Trade becomes invalid if the price falls below the buy zone of $45.Anmerkung
Long-term trendline hitHaftungsausschluss
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
